New Delhi - India–Myanmar trade relations received a significant boost as the Federation of Indian Export Organisations (FIEO) signed a Memorandum of Understanding (MoU) with the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI) in Yangon.

The MoU was signed at the UMFCCI office by Mr U Aye Win, President, UMFCCI, and Mr Rohit Tejpal, Deputy Director, FIEO, on behalf of Dr Ajay Sahai, Director General & CEO, FIEO. The agreement aims to deepen institutional cooperation, strengthen business-to-business linkages, and expand bilateral trade and investment opportunities between the two countries.